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Politics & Policy


Four govt officers detained for 90 days KARACHI: The Pakistan Rangers, Sindh on Thursday produced four government officers before Anti Terrorism Court (ATC) and informed it about their 90-day preventive detention for interrogation about their allegedly involvement in land grabbing and china cutting .The personnel of Pakistan Rangers, Sindh, along with their counsel produced the Director land Najam-uz-Zaman, KMC recovery officer Abdul Qawi, Muhammad Ali and Muhammad Anwar Farooqi and informed the court that the accused were picked up on the indication of former ABAD chairman Babar Chughtai.According to rangers, they had credible information that suspects were involved in land grabbing and china cutting of plots in the metropolis. The detainees will be placed under preventive detention for three months for further questioning under Section 11EEEE (1) and in compliance of Section 11EEEE (3) of ATA.Copyright PPI (Pakistan Press International), 2015 ...

Five killed in different city incidents KARACHI: Five people, including two students, were killed in different mishaps in the metropolis on Thursday.Two young students, Ghazia, 13, and her brother, Ahsan, 15, were killed when a speeding dumper-truck hit them in Ahsanabad, Gulshan-e-Maymar while going to attend their examination. The driver fled soon after the accident. The bodies were shifted to Abbasi Shaheed Hospital for medico-legal formalities.A woman, Zaibunnisa, 26, wife of Sikandar, committed suicide by consuming a poisonous substance in Gulistan-e-Johar, ...
Preedy Police SHO shot dead KARACHI: The Station House Officer (SHO) of Preedy Police Station was gunned down here on Thursday.The police sources said that the armed men targeted SHO Ijaz Khawaja in his car at Korangi Road near Akhtar Colony. He was rushed to Jinnah hospital where he succumbed to his injuries.The police has registered a case and started investigation.In another incident a lady Vice Principal of a private medical and dental college was critically injured in firing by ...
Senate passes the Securities bill ISLAMABAD: Senate here on Thursday passed the Securities bill 2014.The bill was moved by State Minister for Interior Muhammad Baligh Ur Rehman on behalf of Minister for Finance, Revenue, Economics Affairs, Statistics and Privatization Mohammad Ishaq Dar. According to statement of objects and reasons, the proposed bill intends to regulate the securities industry and provide protection to the investor. Presently securities market is being regulated under Securities and Exchange Ordinance 1969 (SEO 1969). Securities and ...
Chairman Senate refers four bills to relevant committees ISLAMABAD: Chairman Senate Mian Raza Rabbani on Thursday referred four bills to relevant Senate standing committees for further perusal and deliberations.The chairman referred the bill to amend the Seed Act 1976 (The Seed Amendment Bill, 2015) as passed by the National Assembly.The bill was moved by the Minister for National Food Security and Research, Sikandar Hayat Khan Bosan.Raza Rabbani referred, the bill further to amend the legal Practitioners and Bar Councils Act (1973 [The legal ...
PPP reviews arrangements for its public meeting in Lyari KARACHI: Pakistan People's Party (PPP) Karachi division workers, in a meeting presided by General Secretary Syed Najmi Alam reviewed arrangements for the party's forthcoming grand public gathering scheduled for April 26 at Kakri Ground, Lyari.It was observed that Lyari, the party's strong hold in the metropolis had always been a strong base and therefore the preparations for local bodies election in the metropolis shall commence from the area inhabited by committed workers of the party.The ...
Lakhvi's record transferred to ATC from IHC ISLAMABAD: All relevant record of Zaki ur Rahman Lakhvi, the main alleged accused of Mumbai attack, was transfered to the trial court from the Islamabad High Court (IHC) on Wednesday.Meanwhile the trial court also summoned five witnesses on April 22, to record their statements.Earlier, IHC directed trial court to conclude the trial against Lakhvi within two months. Statements of 25 witnesses were recorded and now 22 were left to examine.Copyright APP (Associated Press of Pakistan), ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 04, 2015
Reserves $17.491 bln